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.network glossary
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parcel:

... (real estate parcel) a real estate tract or plot legally defined by metes and bounds.
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definition of parcel of land or real estate parcel
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participant:

... one who is more than an observer; one who is actively engaged or involved. For example, The Network has a mission to help people get together so that plans for enterprise development that make economic development happen move forward. When .network users find contact data for resource or service providers and open a networking dialogue we see them as participating in the mission. In addition, The Network offers participation opportunities for networking savvy resource and service providers who want to present themselves as contacts.

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definition of participant
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peak performance:

... an attitude carried out in practice that has self-motivation and goal orientation as two of its distinguishing features. It's wrong to refer to a peak performer as a workaholic. The latter can be identified by a focus on busy-work whereas the peak performer sets goals and adjusts prioritiesdashsee How Peak Performers Differ From Workaholics, Charles Garfield.
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definition of peak performer
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performance based management:

... the handling, directing, or controlling of employees based on measuring how successful they are in performing tasks or assignments. Goals are set for them and rewards are based on individual achievement. Numerous terms move in and out of fashion related to performance-based management, all related to ongoing efforts to raise performance to the maximum and control costs by rewarding individual workers based on contributiondashsee productivity.
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definition of performance based management
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performance/process improvement:

... actions taken to increase productivity, for example by pursuit of excellence; an economic development tool when used in specific situations that result in retention, expansion and investment in a location; a jobs retention tool when successfully applied within a enterprise of value to a community having an economic development best practices program in place.
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definition of performance improvement
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performance stepchange:

... a highly focused approach to teaching or coaching for performance improvement that combines state-of-the-art methods and computer monitoring of productivity and customer reactions. A trademark for computer monitoring software used to support a stepped approach to making changes for process improvement or using performance-based management.
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definition of performance stepchange
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personal contact:

... the technique of business networking that brings two people together for the purpose of building or maintaining a relationship; precursor to a networking dialogue. Indirect contact, such as advertising that a location seeks economic development, may be useful to get attention but it takes personal contact to make it happen.
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meaning of personal contact in business networking
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Peter Principal:

... a principal set forth by Laurence Johnston Peter (1919-1990) stating that people rise through the employee ranks until they reach a level of incompetence. The parodical term Peter-Out Principal was more recently defined in the book Free Agent Nation.
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definition of Peter-Out Principal parodies the Peter Principal
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phishing:

... the act of misusing an email address or similar identity for the purposes of perpetrating a prank, scam or other cybercrime.
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definition of phishing
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place:

... see location. This definition is limited to places of interest to members of the defined .network user group. Anyone, however, who searches for a place, anywhere, in an effort to find a contact in position as its location data supplier is invited request its listing in The Network for free should there be any difficulty or if they seemingly reach a dead end. We make it easy for you to make a request because we want you to be satisfied with your search results. Also, we sincerely want your input in helping us build The Network. We only ask that we be able to find the place that you request we list on a standard road map.
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definition of a place as a location for site selection
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place-data:

... location data, based on the above definition of place.
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What does a location data supplier provide to a site selector
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planned community development:

... a place for people and a sustainable economy laid out in advance of its occupancy; a new town resulting from a project for improving real estate so that a residential combined with a commercial and, sometimes industrial market, can be accommodated. Planned community development efforts are usually government controlled so that land for infrastructure such as schools, supporting utilities and public services is set aside. Government may also oversee environmental protection, for example requiring the setting aside of green spaces. For more information see Planned Communities / New Towns (George Mason University Libraries). spacer

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definition of planned community development
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plant site:

... an industrial site; location of a manufacturing or processing plant; real estate under consideration for the location of an industrial operation. For example, the expression Plant Site Locators (see PSL) was used in the 1990s to identify a site selection service somewhat similar to that of the Site Selection Directory, but not free and open online as is the case with the latter. PSL no longer exists. The Site Selection Directory is not limited to industrial site searches.
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definition of plant site
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PSL

... initials that stood for Plant Site Locators. A service that brokered information about plant site location projects to places that wanted economic development prospects.
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definition of plant site locators
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post:

... to publish something, for example, to post an announcement of an economic development project and site selection criteria online. The posting of such a notice in the Site Selection Directory is a free service offered to economic development prospects by The Network.
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what does it mean to post site selection criteria
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power / power cost:

... energy used in the operations of an enterprise. Power cost or energy cost are categories of location data. Enterprise developers and site selectors want to know what the cost of power will be in a location. CLICK HERE for an example of the power cost used by a data broker or copy and paste the following italicized words in the search box below. Select the search button. Substitute the name of a place of interest to you for the word location inside the quotation marks. Search the Web for ... site selection power cost "location"

linked to introduction of the Google/.network search engine
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definition of power cost as a site selection calculation
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pre-employment training:

... training provided before employment in order qualify a potential worker for a job. When used for labor screening it offers the advantage of lessening the risk of mismatch which makes pre-employment training exceedingly more practical than OJT (On-the-Job-Training).
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definition of pre-employment training
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pro-business:

... an attitude that supports enterprise development; the essential attitude of economic development. Right-to-work and tax laws that encourage the growth and expansion of local enterprises are examples of things that reflect a pro-business attitude in a location.
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definition of pro-business
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process-based management:

... the handling, directing, or controlling of operations, actions, or a series of systematic changes by continuously assessing, analyzing, and improving them.
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definition of process-based management
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production skills:

... the demonstrated proficiency, facility, or dexterity of a worker or group which leads to a measurable productivity level; the abilities necessary within a workforce in order for it to produce certain goods or services; an attribute within a labor pool that attracts the attention of a potential employer, say, an economic development prospect; productivity skills.
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definition of production skills / definition of productivity skills
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productivity:

... output determined after taking input into account during production which is the ability to create, furnish or supply something that has an exchange value; therefore, it is the power to produce at a rate that can be anticipated, set, or measured. Workforce productivity is an extension of the power of individuals. Work ethic (a dedication to quality production combined with an appreciation for having specific and individual opportunities to engage in work) is a factor in productivitydashsee voice of the customer. Assumptions about the work ethic in a location impact economic developmentdashsee the definition of pro-business.
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definition of productivity
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profile

... documentation of noteworthy characteristics of, say for example, a placedashsee community profile; a summary of data and descriptive information arranged by categories in a presentation format, as is generally the case with published location data.
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definition of profile categories
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profiling:

... a research or investigative technique for determining group characteristics and using them to reduce the number of selection optionsdashsee the definition of location profiling.

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How is location profiling used in site selection
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project:

... an undertaking preceded by planning and documented by a Scope Of Project (SOP) or the like, for example, a profile. The documentation makes clear what is expected at completion. The operative essential of a project is its set of specifications. The line that separates a plan and project at the preliminary stage may not always be clear.
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definition of project
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project criteria ... see project specifications.
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definition of project criteria
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project profile:

... the scope of a project presented in abbreviated often narrative form as an introductory overview or summary. A profile for a site selection project should at least always address four essential data categories when used to request location data from places of interest.
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definition of project profile as developed and used by a site selector
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project scope / scope of project:

... the full range of what is needed and wanted to take a project to its conclusiondashmore.
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definition of scope of project
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project specifications:

... specs; documentation of requirements for taking a project to successful conclusion; a list of project wants and needs presented to those who are called upon to assist or provide informational input, for example criteria that make it possible to understand a RFP or RFQ. In the case of a location data supplier, project specifications are essential for requesting informational input. Wants and needs must be set forth in a way that makes recognition of an economic development prospect possible. The informational wants of a site selector should cover four categories, at least, if custom made responses are to be expected.
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What are project specs
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PSF:

... Project Specifications Form, a paper or online form used by location data suppliers to ask economic development prospects about their wants and needs (project specs).
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what is a PSF / what is a project specification form
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project status:

... where things stand with a project. For simplicity's sake, The Network offers three project phases for enterprise developers and site selectors to consider using when communicating with their resource and service providers, especially location data suppliers.
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definition of project status in tentative, preliminary and active stages
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profit:

... the remainder after the total cost of doing business is calculated and subtracted; value that is clear of all costs; i.e., clear profit. An economic profit is the return a business makes on invested capital, minus the cost of capital, times the amount of invested capitaldashsource.
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definition of x
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promise of The Network

... the .network search promise, a commitment to provide personal search assistance for free when requested to do so by those who choose to join in on the mission of The Network.
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what is the promise of the enterprise and economic development network
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property ... real property, that which is owned and deemed to have value.
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definition of property
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prospect:

WordNet defines a prospect as a candidate. Within The Network prospects are defined as being among those who are members of its target audiencedashenterprise developers or site selectors. An economic development prospect is a person who visits and kicks the tires in a location according to one definition but others see that as a suspect. Prospecting refers to the activity of calling business decision makers, for example, when a group travels together to make calls and promote their location, an effort sometimes referred to as a team trip.
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definition of prospect / definition of team trip
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prospect development:

... activities surrounding a systematic search for prospects that include promoting to them or managing strategies to get their attention. Prospect development may be separated from business development. For example, an economic development marketing program may include advertising the availability of a location package upon request. As requests are received it's possible to build a list of names and addresses. Such a list would generally be considered worthless unless a prospect development effort is mounted. A simple strategy would be to follow up and contact everyone on the list in order to separate those who qualify as prospects from the rest. After that a business development strategy is used to efficiently zero in on prospects. Certainly the example is practical and basic; nevertheless, field observations will turn up dismissive advertising campaigns time and again that fall shot of their potential for prospect development because of failures to take followup seriously.
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definition of prospect development
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prospect information:

... that which is requested or wanted by an enterprise developer or site selector, especially location data in the latter case. The ability to find location data suppliers can be useful.
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definition of prospect information
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prospect services:

... that which is available for or is provided to a prospect. For example, local development representatives should be positioned to provide prospect information when called upon to do so but their services may go beyond that. Savvy business decision makers may need to know about the ones who can help cut red tape or otherwise facilitate enterprise development.
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definition of prospect services
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public-private partnership:

... a venture entered into jointly by a government and non-government entity, generally as a means for organizing the financing and/or management structure for public use or the public good.
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what is a public-private partnership
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public-sector financing:

... obtaining and/or using government controlled funds which are made available as incentives to entice private sector participation in financing projects. Lessons from the Field (Northeast-Midwest Institute) has is a source of information about public-sector financing programs. See the definition of public-private partnership and the list of various programs that US members of the .network target user group have asked about over the years.
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definition of public-sector financing programs
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link: .network help / intro

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The words in italics that define economic profit were originally quoted from a publication of the IDRC foundation, The Strategic Alignment Handbookdashgo back.
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* Use of the word membership or member does not imply that visitors to The Network are required to pay fees before becoming users. The Network is a free-access resource.
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FAQ: Is The Network affiliated with or under the control of a membership organization or special interest group? No! The Network is owned by Economic Development Services Inc.
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FAQ: What does it mean to participate in the mission? See the definition of participate.

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